NVIDIA Stock Falls 4% Amid Rotation Concerns and AI Bubble Fears
NVIDIA (NVDA) stock fell approximately 4% to $201 on Thursday due to concerns about rotation into competitor chips and AI infrastructure sustainability. Despite the drop, NVIDIA's strong profitability metrics, including 71% gross margin and 60% operating margin, remain intact. Investors are closely watching NVIDIA's May 20 earnings report for insights into Blackwell sell-through, sovereign AI deals, and hyperscaler CapEx commitments.
Topics: AI earnings event NVIDIA profitability rotation stock price